Gary Siegel

Builders’ confidence in the market for new single-family homes grew again as the National Association of Home Builders' housing market index climbed to 70 in May from a downwardly revised 68 in April, first reported as 69.

Prices paid remain elevated, while business activity improved, the Empire State Manufacturing Survey, released Monday by the Federal Reserve Bank of New York, suggested.

Consumers’ inflation expectations grew, but respondents’ optimism about income held, according to the April Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Gradual rate hikes remain the best policy, and while inflation is near the Fed's target, it’s “too soon” to declare victory, Federal Reserve Bank of Cleveland President Loretta Mester said Monday.

The University of Michigan's preliminary May consumer sentiment index reading was 98.8.

Suggesting that the Federal Open Market Committee need not raise interest rates any time soon, Federal Reserve Bank of St. Louis President James Bullard said Friday monetary policy “is likely neutral.”

The federal government ran a $214.3 billion surplus in April, the Treasury Department reported Thursday.

The Federal Reserve is close to meeting its dual mandate, and while he expects inflation to run higher than 2% for a while, it won’t cause the Fed to respond aggressively, Federal Reserve Bank of Atlanta President Raphael Bostic said Wednesday.

The Senate Banking, Housing, and Urban Affairs Committee will hold a hearing on May 15 on the nominations on Richard Clarida and Michelle Bowman to the Federal Reserve Board.

Small business optimism gained in April on improved profits, the National Federation of Independent Business said Tuesday.

Consumer credit increased by $11.6 billion in March to $3.875 trillion, the Federal Reserve reported Monday.

The Conference Board's Employment Trends Index (ETI) rose to 108.08 in April from a downwardly revised 107.37 in March.

Newly issued Treasury securities held in stripped form increased about $5.475 billion in April to a total of $279.954 billion.

A total of 3-4 rate hikes this year remains viable, Federal Reserve Bank of San Francisco President John Williams said in a televised interview Friday.

The United States economy is healthy, according to Federal Reserve Bank of New York President William Dudley, who said he would be surprised if a recession occurred in the next couple of years.

The U.S. services sector expanded at a slower pace in April as the non-manufacturing index fell to 56.8 from 58.8 in March.

The Federal Open Market Committee held the fed funds rate target at a range of 1.5% to 1.75% and tweaked its statement on inflation.

The New York economy continues to expand.

Private-sector employment increased by 204,000 in April, on a seasonally adjusted basis, ADP estimated Wednesday.

Texas service sector activity “continued to increase in April, albeit at a slower pace than last month.”